Back in my days as a market maker on the floor of the Chicago Board of Options Exchange (CBOE) the third Friday of the month was known as ‘gamma day.’
That was prior to 2005 when weekly options were introduced— to show my age, I was on the Cboe Global Markets, Inc. (CBOE – Get Rating) from 1991-2002 — ever since gamma day has been a weekly occurrence.
Actually, with… Continue reading at StockNews.com